Ethereum is setting up for a potentially significant breakout against Bitcoin, according to analyst Michaël van de Poppe.
The ETH/BTC pair continues to post higher lows, suggesting upward momentum is building—but a critical support trendline must hold to confirm the bullish structure.
Van de Poppe highlighted a key risk: if the upward trend breaks, the ideal accumulation zone lies between 0.022 and 0.023 BTC.
This area coincides with previous high-timeframe support and a zone of liquidity that could attract renewed buying interest.
However, if current strength continues without a deeper retest, Ethereum appears poised to advance toward 0.03 BTC, a level not seen since early 2024.
The attached chart shows Ethereum consolidating above the 0.02337 support level while approaching the diagonal trendline that underpins recent price action. Sentiment remains cautious, but Van de Poppe noted that similar setups in the past have triggered sharp upward moves when momentum aligns.
With key technical levels defined, Ethereum’s next major move may depend on whether bulls defend the trendline or buyers step in lower near the highlighted entry zone.
Source: https://coindoo.com/ethereum-at-make-or-break-point-against-bitcoin-analyst-warns/